After the budget, the domestic stock market closed down despite a slight recovery after a strong fall on Monday. The Bombay Stock Exchange (BSE) benchmark, Sensex closed at 77,186.74 with a major decline of 319.22. Similarly, the National Stock Exchange (NSE) index Nifty 50 also slipped 121.1 points to close at the end of 23,361.05 at the end of the business. The announcement by US President Donald Trump to increase tariffs on China, Canada and Mexico and the action by these countries has created a stir in markets around the world.
Stocks with top loser and top gainer
Till the end of trading, the Sensex emerged as Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, Maruti Suzuki India, Bharti Airtel, Zomato as the top stocks on the Sensex. Whereas, as top loser i.e. top -damaged stocks included the Power Grid Corporation of India, ITC, Asian Paints, Tata Motors, Hindustan Unilever, Larsen and Tubrow. The top 5 gainer stocks of the Nifty 50 were Bajaj Finance, Sriram Finance, Mahindra and Mahindra, Wipro and Bajaj Finserv, while Larsen & Toubro, Tata Consumer, Hero MotoCorp, Coal India and BEL were included as the top gainer.
Today’s trend in international market
Global stock markets declined in Monday’s trading, as the concern of President Donald Trump’s tariff on major American business partners has increased. France’s CAC 40 fell 1.6% in early trade to 7,826.14, while Germany’s dax fell 1.5% to 21,395.31. According to the news of AP, Britain’s FTSE fell 100 1.3% to 8,565.00. US stocks are expected to fall, as Dow Futures fell 1.2% to 44,152.00. S&P 500 futures fell 1.5% to 5,977.25.
Japan’s benchmark Nikkei fell 2.7% to 38,520.09. Australia’s S & P/ASX fell 1.8% to 8,379.40. South Korea’s Kospi fell 2.5% to 2,453.95. Hong Kong’s Hang Seng fell less than 0.1% to 20,217.26, while the business was closed due to holiday in Shanghai. Analysts stated that the Asian markets are ready for instability due to increase in potential trade war.
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